Apax Partners LLP, the British buyout firm, is seeking 9 billion euros ($13 billion) for a new fund, two people with knowledge of the matter said.
Apax, whose backers include China Investment Corporation, follows BC Partners Ltd., Cinven Ltd. and EQT Partners AB in seeking a total of 24 billion euros from investors in Europe as private equity deal activity recovers from a near-halt during the credit crisis……………………………………….Full Article: Source